Lifestyle money technology

Robinhood’s New Online Banking Options Too Good To Be True?

New York (CNN Business) Robinhood, the incredibly popular investing app, unveiled new checking and savings accounts Thursday that have no fees, access to 75,000 free ATMs and — here’s the kicker — an interest rate that earns 3% for consumers who put money in the product.

But there may be a big problem with Robinhood’s offerings: They may not be insured

Read More at CNN.com

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